The Lake Charles echo. [volume] (Lake Charles, Parish of Calcasieu, La.) 1876-1898, 1887-05-28

oF THE


atSAeE-3 AstsAss 5sAllg.
STATE OF LOUISIANA, )
PARISH or EALcAeiEu.
IOWE or LAKE LlIkRIEs J
-tE TT KNOWN, That On this 5th dat o
.re and l,it,s5 aSs, AZ 10 Ins5,i5sI I
a. the Unilfu States the 8ue Hundred samf
Eleventh. before me Thomas EIainpater Snthrs
Public IN and fnr Galcasieu Parrish State 81 Ioui
siana- duly commissioned and qualified and in Us
presence Of witnesses hereinafter named and I'M
dersigaed, personally came and appeared the sew
efll persalis y hose names ale hereHto subscribed
who declared that awaiting themselves Of the pro
visions Of the laws Of this State reative 10 the or
rantzatian Of corporations they have contracted
and agreed and do by theae presents covenant
and agree and bind themselves as well rs sncl
persons as inay hereafter become aHsnciAtea with
them, to fgfu and h8nstitnta d corporation and
body politio in law for the offsets and purp0aee
and under tbs agreements and siipulaiiuns follow
ARTICLE
The name and title Of said sorporatiop sball ~
the LAKE CHARLES HOOP AND STAVE
FACTORY COMPANY aud nader its said name
4 shall have power and authority TO have and On.
Joy sueeeHsion for the full term and period OF
twent y-Ilve years from and afier the dale hereof
% contract she and be sued to make and nae :,
corporate seal and thn same 20 break or alter at
pleasure to hold, receive. lease, purchase and
convey its corporate name property both real
and personal 70 name and EpFoint suoh managers.
directors officers md agents as the interests and
convenience Of said corporation may require and
to make and establish such liylags rules and reg.
Nations for the proper management Of tho affairs
Of said corporation may be necessary and
proper, and the same 70 change alter and ameDd
ARTICLE IL
The taniiciie of said corporation shall be fp the
town Of Lake Charles, State of Louisiana and all
citations or other legal processes shall be served
upon the President q said corporation or In ease
Of both Of these officers, upon the Secretary
thereof -
The objects and purposes for which this eorBor.
alton is established and The nature Oh tl', business
to be carried ON by ID are declared and specified 10
he the manufacture and sale Of Barrel Hoops and
Barrel Slaves and Wooden Ware generally.
ARTICLE "
The capital stock of this corporation Is hereby
fixed at the sum of Two Thousand and Six Hun.
ared bollars; divided into and represented by
Iwenty-six l26l shares Of One Hundred Dollars
each twenty per usntum of said shares to be Maid
at the time Of subscribing and the balance in
equal instruments of ten per oentun. to be paid
fully paid up. -
The corporate powers of this eorporntiap shall
be vested in and exercised bra BasId Of Direetsrs
c0InpOshd Of five Stockholders, each Of whom
shall own in his own name, at least one share Of
the capital stock Of said company Said directors
shall be elected annually the first Monday IN
January beginning with the inst Monday IN Jan
nary 1s59 and all such elections shall be lIV hal.
lot and conducted ct The Office Of said company
under the supeTinteIdenue Of three commission
ers, to be appointed by the Board Of Directors.
Ten days prior notice Of said election shall be
given by publication in one Of the newspapers
published In the town Of Lake Charles State Of
Louisiana and the directors then elseied small
serve and continue in office until their sOoGessOFs
ahAll have been elected and qualified. Each stock
holder shall he entitled 10 cast either in person or
by praxy. one vote for each and every share of
stock held by him in his own name and a ma
jOrity Of the votes east shall elect \ failure to
elect directors On the date above specified shall
not dissolve the corporation but the then exist
ing Board Of Directors shall continue 70 hold
office, aud another election shall be held as EBup
as may be thereafter, whereof ten DAYS prior no.
tiCe shall he given in one newspaper published In
the town Of Lake Charles Louisiana Vacancies
occurring IN said Board truin any cause whatever
shall be tiled by the remaining Director and i've
members Of said Board shall constitute q quorum
fer the. transaction Of business. Said Board Of
Directors At their first meeting each year shall
elect ont ct their own number President and
tioe-F president, and shall also elect "a Secretary
and q IFeasuTeT-b0fh OtiiCeEnay be- included In
1ne--as well a. appoint from time to time and
dismiss az their viii such dtfieeIs clerks or
agents and other employees A. NAV be deemed
necessary taT The business and purpose of said
company, and 10 make aud establish as well as
amend and alter all bylaws rules ami regulations
deemed requisite for the support and management
Of the Affairs and business Of said corporation
said Buarl Of DIRECTORS shall have full authority
I" borrow moncy execute mortgages Issue notes
" bonds toeHtUr, bay sell real estate and 8.her
property. and make contracts and generally to do
and permit all things and acts and matters ItFti-
Ient 10 the neeis and purposes Of said corporation
u which are or m1y he permitted BY the Laws alp,
lBicabc 10 corporations and also 10 issue aud de
liver full paid shares la the stock or bends or
Of said corporation at nn less than
1STr III payment Of lahur dVBe nancy borrowed
II ITapertF OF rights actually received by said
ARTICLE VI
La The Gase Of failure ON the part Of ANY sab |
oFiber 10 paw the HstAilntents oil his stock a. re-
ulEed the Hoard OF DiEeCtors shall have the Gp-
ion after thirty days written notice to the delin-
nent Of t8rieting the stock and selling ii fnT the
6Deht OF the company, or of compelling bv suIt
lac pa ynent Gf such insiallmeBts and no stock
Older shall BE- permitted to vote whilst in defanlr
ARTICLE VII
Whenever this corporation may be- dissolved.
theF By Limitation OF fTOm Any other CAUSE its
tAiTs shall be liguidAted lF three commissioners
lOsen fran among the stDeklGldeFs at a geIeInI
ieeiing Of the Stockholders convened after thirty
hyH prior notice. publighed in 4 nelysnNI,s1- in !
AXE GharEss and by the vote Of a majority in
mount OF tbs capital stock Of said earp8Fati0H
ald commissioners shall remain in a30s until the
hairs Of said corporation shall have bsen fully
'lnidsled and IN the tass Of the death Of one or
lore Of said commissioners the survivors ar s1r- /
iyar shall continue 10 act
ARTICLE VIII
This Act Of incorporation may bs changed ln,,ii
cd or altered, or said corporation dissolved with
b. assent OF tbree1IuTths Of the eapital stock
presented II any general meeting Of the stock
elders Of said corporation convened for such
urP0so. after thirty days notice Of such meeting
iAu have befn given by advertisement in news
aper published in Lake Charles: and tLe c@pitaI
lock Of said corporation may be increased with
= assent Of majority Of the entire stock of said
biI'gfetien Expressed at q meeting held for that
sfIoser after thirty days notice Of such Incsijng
asll have been given By advertisement In one Of
be newspapers published in Lake Charles La
nd Alter t6Fty days prior ngtice, in writing by
iail To each stakeholder,
ARTICLE IN.
No stOckhnldsF shall ever be held liable "a, ne. I
p0nsiihe ioF the contracts or fanitR of said cor
Grafton In any further sum than the unpaid bal.
nee dns On the shares Of stock owned by him
or shall any mere nfoEInnity in the organization
ave the effect Of rendering this charter nu N OF
{ exposing stakeholder 70 any liability beVend
DO amount of his stock,
ARTICLE X.
The following named persons shall consiitl4fs
be first Beard Of Directors " this c0T1lOratinp
l.Wlt: 6ieHARD GuSSs j. G. POWELL, ID. ii.
osTIR !. >. NAKEFiELD and Riley MOoER, and
ley shall continue In office until the first Monday
january, 1859, or until their snccess0Ts shall
ave been duly elected and qualified.
Thus elene and passed in my Office in the toxin !
Lake Charles, on the day and In the month
nd year first above written and in the presence
MessIs. A. al. Mayo and H. O. Drew, both Of
ms town, eonlpesent witnesses who have signed
iese presents with said appearers and me, No.
nv, after due reading
ElCgIlAkD GUM. ..-.,.,.,...,. 2 shares
G: P0WELL,,........,.... q
L. M IleR---........,.-....-4 3"
y. u. WAKEFIELD. ,.--.,.......B "
RILEY MOOER- IL
y. N MCCAIN,
Illnesses A. A. MAYO
II. g. DREW.
Before me, THos. KLEINPETER,
NUtarV pIfitiie |